Shamaran Plans EPFs At KRG

Canada’s Shamaran is planning to install two 10,000 b/d early production facilities (EPF) in its bid to boost production capacity at its Atrush field in Iraqi Kurdistan to 50,000 b/d in the “near future.” Atrush is operated by Abu Dhabi’s Taqa (39.9%) and Shamaran plans to buy US firm Marathon’s 15% stake to boost its share to 35.1%. The KRG holds the remaining 25%.

Production began in July 2017 and while capacity is 30,000 b/d the closest it has come was 27,000 b/d in January. Since then output has been hampered by technical problems and fell to around 12,000 b/d in April before bouncing back to 21,000 b/d in August. Longer term, the partners aim to produce in excess of 100,000 b/d from Atrush.(CONTINUED - 122 WORDS)